Interest rate fears keep FTSE flat

clock

The FTSE 100 has ended the day down 0.8 points, or 0.01%, to 6,155.2, on expectations interest rates will rise to 5% next month after news GDP has grown at its fastest rate for two years.

British Energy Group was the biggest drag on the index with a drop of 4.58% to 448p, closely followed by Northern Rock which fell 1.26% to £11.76, while insurer Prudential slipped 1.24% to 637.5p. Scottish & Newcastle also ended lower with a drop of 1.24% to 559p, closely followed by Reckitt Benckiser which has slipped 1.22% to £21.86, although losses were limited by Reuters which climbed 1.78% to 443.25p. Hammerson posted the biggest gains with a rise of 2.61% to £13.35, closely followed by Intercontinental Hotels which gained 2.52% to 997p, while miner Kazakhmys climbed 1.87% to £12....

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA launches trio of crypto consultations as UK interest nears tipping point

FCA launches trio of crypto consultations as UK interest nears tipping point

Consumer protection and innovation

Patrick Brusnahan
clock 16 December 2025 • 2 min read
Cryptoasset legislation in UK to come into force in 2027

Cryptoasset legislation in UK to come into force in 2027

Consumer protection

Cristian Angeloni
clock 15 December 2025 • 1 min read
Decoding the conflicting investment advice of Warren Buffett

Decoding the conflicting investment advice of Warren Buffett

'He leaves us with a wealth of opinion and information about markets and investing'

Laith Khalaf
clock 09 December 2025 • 5 min read